nic's recent activity
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Comment on Digg is relaunching under Kevin Rose and Alexis Ohanian in ~tech
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Comment on Weekly US politics news and updates thread - week of April 7 in ~society
nic LinkTrump acknowledged he could cause a recession, but just didn’t want a depression, according to WSJTrump acknowledged he could cause a recession, but just didn’t want a depression, according to WSJ
Trump privately said he was aware that his broad and steep plan for levies unveiled last week could tip the economy into a recession, but he didn’t want a depression, according to a Wednesday night report from the paper, citing people familiar with the conversations.
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Comment on I'm tired of dismissive anti-AI bias in ~tech
nic Link ParentI have an app that automatically shields you from LLM overdose. Interested? It's basically a wrapper on top of ChatGPT. (I kid, I kid, please do label as noise)I have an app that automatically shields you from LLM overdose.
Interested?
It's basically a wrapper on top of ChatGPT.
(I kid, I kid, please do label as noise)
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Comment on Weekly US politics news and updates thread - week of April 7 in ~society
nic Link ParentThe Ways & Means Committee was in the middle of questioning U.S. Trade Representative Jamieson Greer at a public hearing when Trump made his announcement. It seems like the only one who can...WTF!
“So, the trade representative hasn’t spoken to the President of the United States about a global reordering of trade and yet he announced it on a tweet? WTF, who’s in charge?” Horsford said, before arguing, “It looks like your boss just pulled the rug out from under you and paused the tariffs, the taxes on the American people.”
“This is amateur hour, and it needs to stop. What does this even mean for your negotiating strategy? How are you in charge of negotiation if the president is tweeting about this from wherever the hell he is?”
“Is this market manipulation?” Horsford asked.
“No,” Greer replied.
“Why not? If it was a plan, if it was always the plan, how is this not market manipulation?” Horsford asked.
“It’s not market manipulation, Sir,” Greer insisted.
“Well then what is it, because it sure is not a strategy!” Horsford said.
“We’re trying to reset the global trade system—” Greer said, before he was cut off.
“And what has that done? And how have you achieved any of that? But to enact enormous harm on the American people, which was our concern from the very beginning!” Horsford said, adding, “So, if it’s not market manipulation, what is it? Who’s benefiting? What billionaire just got richer?”
It seems like the only one who can explain Trumps strategy is Trump.
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Comment on Weekly US politics news and updates thread - week of April 7 in ~society
nic Link ParentFrom ‘Be Cool!’ to ‘Getting Yippy’: Inside Trump’s Reversal on Tariffs Trump has been acting on gut instinct, reacting erratically to market turmoil, and making major policy decisions — then...From ‘Be Cool!’ to ‘Getting Yippy’: Inside Trump’s Reversal on Tariffs
Trump has been acting on gut instinct, reacting erratically to market turmoil, and making major policy decisions — then reversing them — without a clear strategy or communication plan.
While the immediate threat of tariffs are gone, the economic uncertainty, and inability for companies to plan for future investments is completely destroyed. I am already seeing corporations hesitate with making new investments.
Once consumers see the effect of the current tariffs, I imagine everyone will be spending less, which is by definition stagflation.
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Comment on Why do domestic prices rise with tariffs? in ~finance
nic Link ParentThey may not change their mind. But a recession would turn the elections into a blood bath for Republicans. It happened in 2008.They may not change their mind.
But a recession would turn the elections into a blood bath for Republicans.
It happened in 2008.
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Comment on Help me understand how half of USA is on board with the idea of creating "short term pain" in ~society
nic Link ParentI really appreciate your response. I hope you don't find me too disagreeable if I disagree with a couple of your points. These tariffs aren't reciprocal. There is nothing reciprocal about a 10%...I really appreciate your response.
I hope you don't find me too disagreeable if I disagree with a couple of your points.
These tariffs are reciprocal
These tariffs aren't reciprocal. There is nothing reciprocal about a 10% minimum tariff.
Whatever economic damage the US weathers, the results will be even worse for all other countries involved.
Economists think this will primarily impact the USA. The USA will have a double whammy, consumers will face tariffs on 100% of imports, and a third of exports will face steep retaliatory tariffs. The stock market certainly seems to be quickly pricing in risk of major pain for the USA.
Also, while globalization has been hard on many Americans, it has reduced global poverty significantly. These tariffs are going to reverse those trends, by targeting those countries who can't afford to import US technology & services.
These tariffs are all pain in the short term, and they lack the bipartisan support required for any potential long term benefit for the USA.
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Comment on Why US President Donald Trump's tariff chaos actually makes sense (big picture) in ~society
nic LinkThis is simply sane washing Trump. If this were about leverage, why did Trump tariff Penguins and not Putin? If this were about national debt, why does Trump want to blow out the deficit with tax...- Exemplary
This is simply sane washing Trump.
If this were about leverage, why did Trump tariff Penguins and not Putin?
If this were about national debt, why does Trump want to blow out the deficit with tax cuts that will benefit the rich?
If this were about trade imbalance, why place tariffs on countries that have a trade surplus?
Trump shooting USA in the foot is not going to get China to the negotiation table, and pissing all over the existing trade agreements is not the way to get Europe to agree to a new trade agreement, and threatening Canada with invasion is not the way to fix the Canadian trade imbalance.
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Comment on How the Atlantic’s Jeffrey Goldberg got added to the White House Signal group chat in ~society
nic LinkHillary: "👀 You have got to be kidding me." Hmmm. Let me check my notes. Atlantic lied, and the blame really belongs to Apple and Biden.the White House had authorized the use of Signal, largely because there is no alternative platform to text in real time across different agencies, two people familiar with the matter said.
Hillary: "👀 You have got to be kidding me."
Previous administrations, including the Biden White House, did not develop an alternative platform to Signal, one of the people said.
Hmmm. Let me check my notes. Atlantic lied, and the blame really belongs to Apple and Biden.
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Comment on US Senate Democratic Leader Chuck Schumer to vote yes on GOP spending bill in ~society
nic Link ParentThe budget is not entirely immune to the filibuster, only specific parts of are, including mandatory spending, revenues, and the debt limit. A few days ago, Schumer came out with a full throated...The budget is not entirely immune to the filibuster, only specific parts of are, including mandatory spending, revenues, and the debt limit.
A few days ago, Schumer came out with a full throated attack
“Yesterday, the president made one of the dumbest decisions in history, one that will negatively impact every single American family, every single one,” Schumer charged in a press conference, flanked by other Democratic senators. “He’s walking us into the dumbest and most avoidable recession, probably in history.”
If Schumer had shut down the government over the budget, the Republicans would been non stop blaming Schumer for the upcoming recession.
Now it's fairly clear that Trump's Tariffs are the primary cause of any near term recession.
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Comment on See Donald Trump's list: More than 180 countries and territories facing reciprocal tariffs from the US in ~society
nic Link ParentIt's a catchy headline, but that doesn't mean this is a joke. If we use Trumps idiotic math, Russia should have one of the highest tariffs around, of 41%. Trump clearly made zero other exceptions,...It's a catchy headline, but that doesn't mean this is a joke.
If we use Trumps idiotic math, Russia should have one of the highest tariffs around, of 41%.
Trump clearly made zero other exceptions, even for other countries facing heavy sanctions.
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Comment on Weekly US politics news and updates thread - week of March 31 in ~society
nic LinkThe Coming Recession Will Be Self-InflictedThe Coming Recession Will Be Self-Inflicted
this will arguably be the only recession directly caused by White House policy
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Comment on Weekly US politics news and updates thread - week of March 17 in ~society
nic Link ParentYeah, I don't know what I was thinking, It's Millenials that are more conservative than their Gen X parents I think?Yeah, I don't know what I was thinking, It's Millenials that are more conservative than their Gen X parents I think?
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Comment on Weekly US politics news and updates thread - week of March 17 in ~society
nic LinkThis is why Kamala Harris really lost tldr, mostly Biden was unpopular due to Inflation, Immigration & Afghanistan. Unpopular among low information tick tockers and also among gen alphas who are...This is why Kamala Harris really lost
tldr, mostly Biden was unpopular due to Inflation, Immigration & Afghanistan. Unpopular among low information tick tockers and also among gen alphas who are more conservative than gen z.
Archive Link: https://archive.ph/kbwom
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Comment on Weekly US politics news and updates thread - week of March 17 in ~society
nic Link ParentThis is spin. Put another way NBC poll says while 44% of Americans say America is on the right track which is the most since 2004.... 47% Approve of trump which is the second worst poll for a "New...This is spin.
Put another way
54% see the country as on the wrong track.
(51%) disapproves of his [Trumps] performance.
Just 27% of registered voters view the [Democratic] party positively. That includes just 59% of self-identified Democrats.
NBC poll says while 44% of Americans say America is on the right track which is the most since 2004.... 47% Approve of trump which is the second worst poll for a "New to office" poll at this point in time. The worst poll was... also Trump at 40% in his first term.
What surprises me is usually more Americans think America is on the wrong track. I guess Democrats are as skeptical as ever, and Republicans are really drinking the cool aid.
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Comment on Anyone interested in trying out Kagi? (trial giveaway: round #2) in ~tech
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Comment on Anyone interested in trying out Kagi? (trial giveaway: round #2) in ~tech
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Comment on Anyone interested in trying out Kagi? (trial giveaway: round #2) in ~tech
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Comment on Weekly US politics news and updates thread - week of March 17 in ~society
nic Link ParentTrump’s Unwelcome News to Auto Chiefs: Buckle Up for What’s to Come I guess my fears were founded...Trump’s Unwelcome News to Auto Chiefs: Buckle Up for What’s to Come
I guess my fears were founded...
To Mr. Trump, tariffs are not merely a negotiating tool. He believes they will make America rich again. And they combine two of his favorite features of the presidency: They are a unilateral power that he can turn on or off on a whim, and they create a begging economy, forcing powerful people to come before him to plead for mercy.
This account is based on interviews with more than a dozen Trump administration officials and others familiar with the dynamic at the White House over tariffs. They asked for anonymity to discuss private conversations and deliberations.
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Comment on Mountain biking advice in ~hobbies
nic LinkIf you live near a specialized experience center, you can rent any of their bikes for the day. I rented a couple of e-mtb's, fell in love, fell off the bike in the most embarrassing manner...If you live near a specialized experience center, you can rent any of their bikes for the day. I rented a couple of e-mtb's, fell in love, fell off the bike in the most embarrassing manner possible, and was hooked. I haven't fallen since, but I always wear a full face & gloves just in case.
The biggest thing to figure out is what you will ride. If you want to go over rough and bumpy trails, and if you have the cash, you might want full suspension. If you want the full suspension, and if you have the cash, you might want a stump jumper. If you want a stump jumper, why not just buy the Turbo Levo? I don't know, could be a slippery slope.
You aren't going to be able to ride trails when it is wet and muddy, but there are plenty of other places to ride if you enjoy it.
I finally got an invite.
It looks exactly like I remember Digg v1.
The only difference is, this time I had to pay $5 for some reason.